Shinsegae Inc, a major retail conglomerate in South Korea, announced on Thursday that it plans to shut down its duty-free business unit in Incheon International Airport’s DF2 zone. This decision has been prompted by growing losses. Motivation Behind the…
Thailand is stepping into a new era for travelers, as the government embarks on a journey to boost tourism by allowing limited alcohol sales during five prominent Buddhist holidays. Specifically, from Saturday, international airports, hotels, venues hosting…
Changi Airport Group (CAG) announced the opening of Changi Nexus One, a refurbished air logistics facility within Changi Airfreight Centre (CAC) spanning close to 8,000 sqm of warehousing space. Strategically located with direct apron connectivity, Changi…
Changi Airport’s retail sector has shown signs of recovery with SG$1.1 billion (US$823.4 million) in sales recorded last year after Singapore relaxed Covid-related border restrictions in April. However, concession sales last year represented just 37 percent…
AirAsia Group has announced that stock exchange operator Bursa Malaysia dismissed its application to extend a relief period that prevented it from being classified as a Practice Note 17 (PN17) company, a status that relates to companies that are in financial…
The Ministry of Transport wants private investors to build and operate proposed airports such as Sa Pa in the north and Quang Tri in the central region. It wants two others built under public-private partnerships in Lai Chau and Cao Bang in the north. It also…
Aviation authorities have rejected the proposal of five localities to build their own airports and suggested that only one be added to the current master plan. Airport proposals by the northern provinces of Ha Giang, Bac Giang and Ninh Binh as well as the…
Low-cost carrier Vietjet on Tuesday announced its operation plan for the Hong Kong market and the launch of a new route linking Phú Quốc and Hong Kong, one of Asia’s most well-known destinations. The Phú Quốc – Hong Kong route will operate return flights with…
Online giant Amazon is looking to expand the reach of its automated bricks-and-mortar Amazon Go offer by opening stores in airports, according to a report by Reuters. The retailer’s Go stores utilise myriad cameras which are able to identify customers as they…
The heavy investment made recently by the Airports Corporation of Vietnam (ACV) to upgrade airports and develop new infrastructure still cannot satisfy the increasingly high travel demand. The additional parking lots set up by ACV recently do not mean much if…
According to the Airports of Thailand (AOT) the country’s aviation industry performance only improved ‘slightly’ between October-December 2016 (Q1 FY2017), due to a reduced number of Chinese tourists visiting through ‘illegal tours’. During the period,…
Airports of Thailand saw non-aeronautical revenue climb 21.34% to Bt3.83bn ($107m) in the first nine months of 2016, mainly as a consequence of an increasing number of flights and passengers. Revenue generated from duty-free sales increased by Bt934m, with…
The Commercial Division of Malaysia Airports Holdings Berhad is collaborating with UnionPay International to boost Chinese tourist spending at its airports. The move is said to be in line with Malaysia Airports’ Commercial Division’s new strategic direction…
With natal and tahun baru fast approaching, Bali’s Ngurah Rai Airport has received a list of 180 extra flights destined for Bali. The statement was disclosed by the General Manager of Angkasa Pura I Ngurah Rai Airport, Trikora Harjo. “The flights will account…
For the first time in 2014, Asia Pacific’s airports collectively qualified as the world’s number one region for commercial passenger air traffic, handling 2.3bn passengers in 2014 and leaving second-ranked Europe trailing with ‘just 1.8bn’, according to…